BUSINESS DIGEST || Job-skills workshop
Job-skills workshop
YOUNGSTOWN
The YWCA of Youngstown is offering a jobs-skills workshop from noon to 1 p.m. Feb. 26. Arisha Williams, president of Prosperity Staffing Solutions LLC, will discuss social media, hiring, and dress code for interviews. The cost is $10 per person, which includes lunch. Call 330-746-6361, ext. 109, to register. The deadline is Feb. 24.
More factory jobs
WASHINGTON
The Department of Labor reported that America’s manufacturing sector added 22,000 jobs in January. Manufacturing had huge backward revisions: 89,000 jobs in November and 26,000 jobs in December.
The Alliance for American Manufacturing, which tracks President Barack Obama’s promise to create 1 million manufacturing jobs in his second term, climbs to more than 374,000 jobs.
US consumers increase borrowing
WASHINGTON
Consumers increased their borrowing in December, with credit cards rising at the fastest pace in eight months. It could be a sign that consumer spending will accelerate as strong jobs gains give shoppers more confidence about taking on debt.
Consumer borrowing expanded by $14.8 billion in December, pushing consumer debt to a record $3.31 trillion, the Federal Reserve reported Friday. In November, borrowing had climbed by $13.5 billion.
The December rise included a $5.8 billion jump in the category that includes credit cards, marking the biggest gain since April.
Consumer borrowing in the category that includes auto loans and student loans also rose in December, climbing $9 billion after a $14.4 billion increase in November.
Vindicator staff/wire reports
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